ANJILIAC CITY, 324-1122. The latest round of peace talks between representatives of the Free Commerce and Private Ownership blocs ended in failure yesterday following a bitter dispute centered around the nature of reparations.

At the heart of this ongoing disagreement is the Republic of M’Dwailei’s continued insistence that the Almarac Federated States return the island Tychon which the AFS seized during the recently ended war, as well as pay for damages incurred. The AFS continues to insist that the seizure took place legally and has petitioned for further redress in Rhylanor courts.

Count Anjiliac, who has made establishing a planetary governing body one of his primary objectives, is claimed to have threatened both representatives with execution by fusion gun in the closed session for their continued belligerence, but this report remains unverified. Facing staunch opposition by Free Trade bloc representatives, his latest resolution to establish a ‘Global Security Council’ was voted down.

Notably, the Democratic Republic of Digloiotti and the Stepozhevac Union sent no representatives to these rounds of talks. Both nations are members of the Private Ownership Bloc but are currently engaged in a regional border dispute that experts fear may spill over into open war.